Rongsheng Petrochemical Co., Ltd.

Shenzhen Stock Exchange:002493.SZ

Sector

🧪 Materials

Industries

🛢 Petrochemicals

🔬 Chemicals & Advanced Materials

⚗️ Plastics

Location

China

Market Cap

USD 11.39 B

Share Price

USD 1.13

Avg Daily Volume

20,162,174

Change (1 day)

-0.10%

Change (1 year)

-15.04%

Change (YTD)

-9.21%

Rongsheng Petrochemical Co., Ltd. Quick Ratio for the year ending December 31, 2024: 0.21

Rongsheng Petrochemical Co., Ltd. Quick Ratio is 0.21 for the year ending December 31, 2024, a 8.00% change year over year. Quick ratio measures the short-term obligations coverage with liquid assets; higher ratio indicates strong liquidity position.

Rongsheng Petrochemical Co., Ltd. Quick Ratio for the year ending December 31, 2023 was 0.19, a -28.22% change year over year.
Rongsheng Petrochemical Co., Ltd. Quick Ratio for the year ending December 31, 2022 was 0.27, a -19.17% change year over year.
Rongsheng Petrochemical Co., Ltd. Quick Ratio for the year ending December 31, 2021 was 0.33, a 20.89% change year over year.
Rongsheng Petrochemical Co., Ltd. Quick Ratio for the year ending December 31, 2020 was 0.28, a -22.88% change year over year.

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Key data

Date	Quick Ratio	Current Ratio	Interest Coverage Ratio	Return on Capital Employed (ROCE)

Shenzhen Stock Exchange: 002493.SZ

Rongsheng Petrochemical Co., Ltd.

CEO	Mr. Jiong Jiong Xiang
IPO Date	Nov. 10, 2011
Location	China
Headquarters	Rongsheng Holding Group Buildin
Employees	19,077
Sector	🧪 Materials
Industries Petrochemicals 🔬 Chemicals & Advanced Materials ⚗️ Plastics

Description

Rongsheng Petrochemical Co., Ltd. produces, markets, and sells petrochemicals, chemical fibers, and other related products. It offers synthetic fibers and films; olefins and downstream; aromatics and downstream; gasoline, diesel, and kerosene; purified terephthalic acid; polyester chips; polyester bottle flakes; polyester pre-oriented yarns; polyester fully drawn yarns; and polyester textured yarns. The company also provides polystyrene resin, ABS resin, SAN resin, styrene butadiene rubber, ion exchange resin, unsaturated resin, styrene thermoplastic elastomer, methyl methacrylate, and purified terephthalic acids; synthetic resins, such as low density polyethylene, linear low density polyethylene, high density polyethylene, and polypropylene; and polycarbonate, xylene, ethylene, methyl methacrylate, bisphenol A, and acrylonitrile. The company was formerly known as Rongsheng Chemical Fiber Group Co., Ltd. and changed its name to Rongsheng Petrochemical Co., Ltd. in September 2007. The company was founded in 1995 and is based in Hangzhou, China. Rongsheng Petrochemical Co., Ltd. is a subsidiary of Zhejiang Rongsheng Holding Group Co., Ltd.